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Mohawk Industries MHK Deferred Revenue

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Other financials

Income statement

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Revenue$2.7B+8.0%
Gross profit$641.9M+10.0%
Operating income$111.8M+16.5%
Net income$117.1M+61.3%
EPS (diluted)$1.90+65.2%

Balance sheet

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Cash & equivalents$872.3M+24.2%
Total debt$2.5B-9.5%
Total equity$8.4B+6.6%
Total assets$13.8B+2.9%

Cash flow

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Operating cash flow$110.1M+2,876%
CapEx$102.3M+14.8%
Free cash flow$7.8M+109%

Valuation

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Market cap$8.97B+19.1%
Enterprise value$10.62B+10.5%
P/E21.7×+5.7×
P/S0.8×+0.1×

Profitability

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Gross margin24%-0.6pp
Operating margin4.6%-1.4pp
Net margin3.8%-0.7pp
FCF margin6.5%+1.8pp

Returns & leverage

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Return on equity5.1%-1.1pp
Debt / equity0.3×-0.1×
Current ratio2.2×+0.1×

Where this comes from

Reported directly by Mohawk Industries in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Mohawk Industries’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 1:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000851968-26-000018

The Company records contract liabilities when it receives payment prior to fulfilling a performance obligation. Contract liabilities related to revenues are recorded in accounts payable and accrued expenses on the accompanying Condensed Consolidated Balance Sheets. The revenues related to these performance obligations are expected to be recognized within a twelve-month period. The Company had contract liabilities of $70.9 million and $74.3 million as of April 4, 2026, and December 31, 2025, respectively.

Item 1. Financial Statements (unaudited)

FAQ

What is Mohawk Industries's deferred revenue?
Mohawk Industries (MHK) reported deferred revenue of $70.9M in Q1 2026.
How has Mohawk Industries's deferred revenue changed year-over-year?
Mohawk Industries's deferred revenue decreased by 3.7% year-over-year, from $73.6M to $70.9M.
What is the long-term trend for Mohawk Industries's deferred revenue?
Over 5 years (2020 to 2025), Mohawk Industries's deferred revenue has grown at a 13.5% compound annual growth rate (CAGR), from $39.47M to $74.3M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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